Most who buy gold do not buy it for profit as much as for protection.
Gold is down right now because the hogs are chasing the rise in the market, which is based on the crazy policies of the FED.
I suspect that everyone reading this thread is well aware of the old adage that the market slaughters hogs. The author tips his hand when he brags that the economy is on the rise, unemployment is down to 6.1%, etc.
The unemployment numbers are totally misleading and unless you look at how many new hires are temps, at what level are their wages, how long are their hours per week, you are looking at obumbler smoke and mirrors.
In addition, look at new jobs created each month versus the number who lose their job. plus the number of kids entering the market, plus the number of illegals sneaking over the border and soon to be looking for work and you see that the 6.1% thing is total BS.
Now given that the author is totally ignorant of the real world or is a shill for the criminals in DC, who would even consider his advice?
Just as a trivial pursuit, do you think more smoke, or more mirrors?
Since mirrors usually reflect something that is actually real, I say "more smoke" -- since smoke is entirely ephemeral, apparently substantial, then suddenly gone, like a fart in the wind. The present economic numbers do not reflect reality at all. They paint an imaginary picture. They resemble smoke a lot.
I agree. The numbers aren’t misleading, they are a criminal fabrication.